The effect on pricing strategies in the process of strategic decision making in view of cost of produced goods
Autor(a) principal: | |
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Data de Publicação: | 2021 |
Outros Autores: | |
Tipo de documento: | Artigo |
Idioma: | eng |
Título da fonte: | Independent Journal of Management & Production |
Texto Completo: | http://www.ijmp.jor.br/index.php/ijmp/article/view/1447 |
Resumo: | This research examined the effect of the cost of produced goods on pricing strategies in the process of strategic decision. Also examined in this research is the extended effect of pricing strategies on consumers purchase decision making. The research aimed to answer questions on the extent to which cost of produced goods affects pricing strategies of products, how decision makers realize the value-based pricing strategy of corporations and the extent to which pricing policy help consumers to make purchase decisions. This research being historical and descriptive depended basically on secondary sources of information. The research used a historical and descriptive method and depended basically and simply on secondary devices as sources of data. Results from the data acquired reference that customers have an understanding of fair value reflected in prices of the firm's products. The researcher will use both analytical and descriptive methods which appropriate the context of the current research which is generally based on the theoretical underpinnings and fieldwork. The outcomes indicate that the cost of produced products used in organizations provides quality information; there is an effect of this information on the pricing decision-making; there are parts in which pricing strategy much relied on the information provided by the cost systems. |
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Independent Journal of Management & Production |
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The effect on pricing strategies in the process of strategic decision making in view of cost of produced goodsProductPricingStrategyDecision MakingConsumersThis research examined the effect of the cost of produced goods on pricing strategies in the process of strategic decision. Also examined in this research is the extended effect of pricing strategies on consumers purchase decision making. The research aimed to answer questions on the extent to which cost of produced goods affects pricing strategies of products, how decision makers realize the value-based pricing strategy of corporations and the extent to which pricing policy help consumers to make purchase decisions. This research being historical and descriptive depended basically on secondary sources of information. The research used a historical and descriptive method and depended basically and simply on secondary devices as sources of data. Results from the data acquired reference that customers have an understanding of fair value reflected in prices of the firm's products. The researcher will use both analytical and descriptive methods which appropriate the context of the current research which is generally based on the theoretical underpinnings and fieldwork. The outcomes indicate that the cost of produced products used in organizations provides quality information; there is an effect of this information on the pricing decision-making; there are parts in which pricing strategy much relied on the information provided by the cost systems.Independent2021-10-01info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionapplication/pdftext/htmlhttp://www.ijmp.jor.br/index.php/ijmp/article/view/144710.14807/ijmp.v12i7.1447Independent Journal of Management & Production; Vol. 12 No. 7 (2021): Independent Journal of Management & Production; 1705-17272236-269X2236-269Xreponame:Independent Journal of Management & Productioninstname:Instituto Federal de Educação, Ciência e Tecnologia de São Paulo (IFSP)instacron:IJM&Penghttp://www.ijmp.jor.br/index.php/ijmp/article/view/1447/1871http://www.ijmp.jor.br/index.php/ijmp/article/view/1447/1872Copyright (c) 2021 Syed Mohammad Faisal, DR SYED MOHAMMAD FAISAL, DR AHMAD KHALID KHANhttp://creativecommons.org/licenses/by-nc-sa/4.0info:eu-repo/semantics/openAccessFaisal, Syed MohammadKhan, Ahmad Khalid2021-12-02T01:56:05Zoai:www.ijmp.jor.br:article/1447Revistahttp://www.ijmp.jor.br/PUBhttp://www.ijmp.jor.br/index.php/ijmp/oaiijmp@ijmp.jor.br||paulo@paulorodrigues.pro.br||2236-269X2236-269Xopendoar:2021-12-02T01:56:05Independent Journal of Management & Production - Instituto Federal de Educação, Ciência e Tecnologia de São Paulo (IFSP)false |
dc.title.none.fl_str_mv |
The effect on pricing strategies in the process of strategic decision making in view of cost of produced goods |
title |
The effect on pricing strategies in the process of strategic decision making in view of cost of produced goods |
spellingShingle |
The effect on pricing strategies in the process of strategic decision making in view of cost of produced goods Faisal, Syed Mohammad Product Pricing Strategy Decision Making Consumers |
title_short |
The effect on pricing strategies in the process of strategic decision making in view of cost of produced goods |
title_full |
The effect on pricing strategies in the process of strategic decision making in view of cost of produced goods |
title_fullStr |
The effect on pricing strategies in the process of strategic decision making in view of cost of produced goods |
title_full_unstemmed |
The effect on pricing strategies in the process of strategic decision making in view of cost of produced goods |
title_sort |
The effect on pricing strategies in the process of strategic decision making in view of cost of produced goods |
author |
Faisal, Syed Mohammad |
author_facet |
Faisal, Syed Mohammad Khan, Ahmad Khalid |
author_role |
author |
author2 |
Khan, Ahmad Khalid |
author2_role |
author |
dc.contributor.author.fl_str_mv |
Faisal, Syed Mohammad Khan, Ahmad Khalid |
dc.subject.por.fl_str_mv |
Product Pricing Strategy Decision Making Consumers |
topic |
Product Pricing Strategy Decision Making Consumers |
description |
This research examined the effect of the cost of produced goods on pricing strategies in the process of strategic decision. Also examined in this research is the extended effect of pricing strategies on consumers purchase decision making. The research aimed to answer questions on the extent to which cost of produced goods affects pricing strategies of products, how decision makers realize the value-based pricing strategy of corporations and the extent to which pricing policy help consumers to make purchase decisions. This research being historical and descriptive depended basically on secondary sources of information. The research used a historical and descriptive method and depended basically and simply on secondary devices as sources of data. Results from the data acquired reference that customers have an understanding of fair value reflected in prices of the firm's products. The researcher will use both analytical and descriptive methods which appropriate the context of the current research which is generally based on the theoretical underpinnings and fieldwork. The outcomes indicate that the cost of produced products used in organizations provides quality information; there is an effect of this information on the pricing decision-making; there are parts in which pricing strategy much relied on the information provided by the cost systems. |
publishDate |
2021 |
dc.date.none.fl_str_mv |
2021-10-01 |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion |
format |
article |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
http://www.ijmp.jor.br/index.php/ijmp/article/view/1447 10.14807/ijmp.v12i7.1447 |
url |
http://www.ijmp.jor.br/index.php/ijmp/article/view/1447 |
identifier_str_mv |
10.14807/ijmp.v12i7.1447 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
dc.relation.none.fl_str_mv |
http://www.ijmp.jor.br/index.php/ijmp/article/view/1447/1871 http://www.ijmp.jor.br/index.php/ijmp/article/view/1447/1872 |
dc.rights.driver.fl_str_mv |
Copyright (c) 2021 Syed Mohammad Faisal, DR SYED MOHAMMAD FAISAL, DR AHMAD KHALID KHAN http://creativecommons.org/licenses/by-nc-sa/4.0 info:eu-repo/semantics/openAccess |
rights_invalid_str_mv |
Copyright (c) 2021 Syed Mohammad Faisal, DR SYED MOHAMMAD FAISAL, DR AHMAD KHALID KHAN http://creativecommons.org/licenses/by-nc-sa/4.0 |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
application/pdf text/html |
dc.publisher.none.fl_str_mv |
Independent |
publisher.none.fl_str_mv |
Independent |
dc.source.none.fl_str_mv |
Independent Journal of Management & Production; Vol. 12 No. 7 (2021): Independent Journal of Management & Production; 1705-1727 2236-269X 2236-269X reponame:Independent Journal of Management & Production instname:Instituto Federal de Educação, Ciência e Tecnologia de São Paulo (IFSP) instacron:IJM&P |
instname_str |
Instituto Federal de Educação, Ciência e Tecnologia de São Paulo (IFSP) |
instacron_str |
IJM&P |
institution |
IJM&P |
reponame_str |
Independent Journal of Management & Production |
collection |
Independent Journal of Management & Production |
repository.name.fl_str_mv |
Independent Journal of Management & Production - Instituto Federal de Educação, Ciência e Tecnologia de São Paulo (IFSP) |
repository.mail.fl_str_mv |
ijmp@ijmp.jor.br||paulo@paulorodrigues.pro.br|| |
_version_ |
1797220493567197184 |